As part of its year-end market review, Housing Wire picked up Recursion’s theme of “Mortgage Winter”. On December 22, in an article entitled “‘Mortgage winter’ is expected to thaw a bit”, Recursion Chief Research Officer Richard Koss is extensively quoted.
“Koss points to the huge volume of low-rate mortgages outstanding as the vexing problem the market faces. He said ‘I think a mortgage winter has frozen things hard and conditions are such that we can only expect a measurable improvement out past 2030.’
Recursion is proud to apply its advanced data and analytic tools to contribute to the ongoing dialogue about the market environment for the mortgage market.
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